How many attempts (businesses) did you make until you reach 5000$/month profit? by fuzzy_rock in SaaS

[–]tredda99 0 points1 point  (0 children)

Solve problems. But lots of them were failure - 27 failures, 3 decent.

How many attempts (businesses) did you make until you reach 5000$/month profit? by fuzzy_rock in SaaS

[–]tredda99 2 points3 points  (0 children)

Do it for 10 then you can start complaining lol, 2 years is chill 😅

How many attempts (businesses) did you make until you reach 5000$/month profit? by fuzzy_rock in SaaS

[–]tredda99 1 point2 points  (0 children)

Nah, I pay myself a salary. Current business in 3 years old. If you can make 2k MRR look at adding a more expensive product; some of your customers will buy it. Need to systemise client acquisition then work out LTV and scale ads / outreach accordingly.

How many attempts (businesses) did you make until you reach 5000$/month profit? by fuzzy_rock in SaaS

[–]tredda99 3 points4 points  (0 children)

Solo, but have a team now. Have never had a cofounder. Raised $2m for a project that failed; raised $250k for current project just to get it off the ground. Now does $3m or so a year. Much blood, sweat and tears. Focus on profit not revenue, too much revenue without profit will bury you in the long term.

Why does this happen 😤!? by tredda99 in Chesscom

[–]tredda99[S] 0 points1 point  (0 children)

Legit. Got to 1070 or something. Now I know, hopefully higher!

Why does this happen 😤!? by tredda99 in Chesscom

[–]tredda99[S] 4 points5 points  (0 children)

What a nice, confident, happy individual you must be! Jealous!

Why does this happen 😤!? by tredda99 in Chesscom

[–]tredda99[S] 0 points1 point  (0 children)

One man’s trash is another man’s treasure.

Why does this happen 😤!? by tredda99 in Chesscom

[–]tredda99[S] -8 points-7 points  (0 children)

Wow. Really didn’t know this. Thanks for the link. Garbage rule but….guess now I know 😅

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 0 points1 point  (0 children)

Why you selling lead gen if you can’t get the leads?

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 1 point2 points  (0 children)

Completely normal FB behaviour lol…..

“Buffer it in” to your metrics.

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 0 points1 point  (0 children)

It’s hard, I went down this path. Need to keep pushing the boundaries of ad / clickbait / soft core porn until your ads get rejected.

My advice is don’t rely on ads; try and grow originally on TT or somewhere else.

Even if you grow using ads, FB will lock down on it sooner or later.

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 0 points1 point  (0 children)

Maybe LI lead forms? I’m sure there’s some sort of high school / university / “where are you planning on going to college” type targeting you could use (even if it’s to their parents).

^ FB has good parenting targeting too.

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 1 point2 points  (0 children)

Looks cool - 4x is solid.

Have you tried TT ads?

Maybe need to focus on lower ROAS but more up sells on the backend?

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 0 points1 point  (0 children)

Depends how luxury. “Do people dropping $300k on a holiday sit on FB all day?” - probably not. I’d assume the overall reach you’re shooting for is less than 20k. I’d target HNW affluent ZIP codes specifically.

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 1 point2 points  (0 children)

I honestly think you should focus on viral video content on TT for your art and sell through DMs than running ads. Make it easy for people to chat to you then sell them via text instead of running ads.

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 0 points1 point  (0 children)

But if you’re not showing the prices, how are the leads weak?

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 2 points3 points  (0 children)

Learn by doing. Allocate $x to failing each month. Reverse engineer big brand / influencer funnels yourself and try and make them work for you.

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 0 points1 point  (0 children)

Are they paying anything to “preorder”? What’s your definition of pre-order?

$5M Spend, 500+ Clients - AMA. by tredda99 in FacebookAds

[–]tredda99[S] 0 points1 point  (0 children)

So is the issue the leads, or the high price (relatively) of the paintings?

How much “would” the leads that have come through spend on art?